Everything you need to know about the Home Run Derby: Matchups, rules, and predictions

The Home Run Derby is getting a serious makeover this year.

Last month, MLB announced a bracket format with tournament-style seeding, timed rounds, and distance-related bonuses. The overhaul promises to make it one of the quickest and most compelling competitions since the derby was introduced in 1985.

We've put together the ultimate guide below, with everything you need to know about Monday's event, including the contestants, format, and new rules. Also, be sure to join theScore for our live blog of the Derby beginning at 7:45 p.m. ET.

Start Time

• The Home Run Derby kicks off at 8 p.m. ET at Great American Ball Park in Cincinnati.

Participants

Texas Rangers big man Prince Fielder leads the way with his sixth Home Run Derby appearance. Alongside him is Los Angeles Angels first baseman Albert Pujols, who will be participating in his fourth Derby.

Other returnees include Josh Donaldson and Todd Frazier, who are both headed to their second consecutive Derby. Frazier made it to the finals last year, losing to eventual back-to-back champion Yoenis Cespedes.

Bracket Rules

• There are no more "outs" in a round.
• The event consists of three rounds.
• It's single elimination, with the loser immediately eliminated.
• Seeding is based on 2015 home run totals through July 7.
• In each bracket, the higher seed will hit second.
• Batter with most home runs advances.
• Ties in any round are broken by a 90-second swing-off. If it's still tied, batters engage in successive three-swing swing-offs until a winner is declared.

Timing Rules

• Batters will have four minutes to hit as many home runs as possible.
• Timer starts with release of first pitch.
• Players can earn an extra 30 seconds with two home runs of 425 feet or more.
• Each batter is allowed one 45-second "timeout" per round.

Bonus Time Rules

• The following bonus time will be added based on the number of home runs hit and their distance, as calculated by MLB Advanced Media's Statcast.

Previous Winners

Here's a list of the Home Run Derby champions from the last decade. Fielder is the only player from this year's group to win the event (2009 and 2012).

Odds

Oddsmakers are leaning toward the hometown favorite emerging as this year's home run king. Courtesy of Bovada:

theScore Staff Picks

Jonah Birenbaum: Frazier over Pujols

George Halim: Pederson over Fielder

Dan Toman: Rizzo over Pederson

Brandon Wile: Pederson over Fielder

(All rules and statistics courtesy: MLB.com)